Parsad Posted October 23, 2012 Share Posted October 23, 2012 Article on farmland prices through the mid-west. Cheers! http://www.cnbc.com/id/49518471 Link to comment Share on other sites More sharing options...
tombgrt Posted October 23, 2012 Share Posted October 23, 2012 “What’s a C.D. at the bank? Half a percent,” said Clark Wadle, who attended the auction. “What’s the stock market? Unstable. Whether land prices go up or they go down again, you still have the property.” And we all know it doesn't work that way in the stock market. If the stock drops, you have nothing! Oh wait... Anyway, prices here are much higher than $10,600/acre. But I guess a lot depends on the country, commodity & prices, government subsidies, ... Link to comment Share on other sites More sharing options...
arbcon Posted October 24, 2012 Share Posted October 24, 2012 yep...our family may be selling our farm into this rise. ....too much risk if corn is no longer used for fuel. Link to comment Share on other sites More sharing options...
matjone Posted October 24, 2012 Share Posted October 24, 2012 I think I'll suggest to my mom to think a little more seriously about selling a piece of ground they have talked about selling for a few years. Probably won't do any good. Maybe it'll be an opportunity to buy cheap a few years from now like Buffett did back in the 80's. Link to comment Share on other sites More sharing options...
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